"Strategic" Behavior in a Strategy-proof Environment
EC, pp. 763-764, 2016.
A mechanism is said to be strategy-proof if no agent has an incentive to misrepresent her true preferences. This property is considered highly desirable for mechanisms that are used in real-life markets. And indeed, many of the great success stories of market design employ strategy-proof mechanisms, such as the second-price sealed-bid auc...More
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